ACC 422 NERD Massive Success @ acc422nerd.com

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ACC 422 NERD Massive Success _at_ acc422nerd.com
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ACC 422 NERD Massive Success
ACC 422 Entire Course   FOR MORE CLASSES
VISIT www.acc422nerd.com   ACC 422 Week 1 DQ
1 ACC 422 Week 1 DQ 2 ACC 422 Week 1 DQ 3 ACC 422
Week 1 Individual Assignment Disclosure Analysis
Paper ACC 422 Week 1 Summary ACC 422 Week 2 DQ
1 ACC 422 Week 2 DQ 2 ACC 422 Week 2 DQ 3
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ACC 422 NERD Massive Success
ACC 422 Final Exam Guide 1   FOR MORE CLASSES
VISIT www.acc422nerd.com   Kraft Enterprises owns
the following assets at December 31, 2012. Cash
in banksavings account 67,516 Checking account
balance 26,445 Cash on hand 9,478 Postdated
checks 753 Cash refund due from IRS 40,324
Certificates of deposit (180-day) 94,754 What
amount should be reported as cash? Question 2
Presented below is information related to
Rembrandt Inc.s inventory. (per unit)
Skis
Boots Parkas Historical Cost
273.79
152.75 76.37 Selling Price
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ACC 422 NERD Massive Success
ACC 422 Final Exam Guide 2   FOR MORE CLASSES
VISIT www.acc422nerd.com   Which of the following
is NOT considered cash for financial reporting
purposes??2) What is the preferable presentation
of accounts receivable from officers, employees,
or affiliated companies on a balance sheet??3)
Which of the following is considered cash??4) If
a company employs the gross method of recording
accounts receivable from customers, then sales
discounts taken should be reported as5) Assuming
that the ideal measure of short-term receivables
in the balance sheet is the discounted value of
the cash to be received in the future, failure to
follow this practice usually does NOT make the
balance sheet misleading because6) Which of the
following methods of determining annual bad debt
expense best achieves the matching concept?7) The
accountant for the Orion
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ACC 422 NERD Massive Success
ACC 422 Final Exam Guide 3   FOR MORE CLASSES
VISIT www.acc422nerd.com   SET 3 1) Which of the
following is NOT considered cash for financial
reporting purposes? 2) What is the preferable
presentation of accounts receivable from
officers, employees, or affiliated companies on a
balance sheet? 3) Which of the following items
should NOT be included in the Cash caption on the
balance sheet? 4) The advantage of relating a
company's bad debt expense to its outstanding
accounts receivable is that this approach 5)
Which of the following is a generally accepted
method of determining the amount of the
adjustment to bad debt expense? 6) Assuming that
the ideal measure of short-term receivables in
the balance sheet is the discounted value of the
cash to be received in the future, failure to
follow this practice usually does NOT make the
balance sheet misleading because
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ACC 422 NERD Massive Success
ACC 422 Final Exam Guide All 3 Sets   FOR MORE
CLASSES VISIT www.acc422nerd.com   Details of All
180 Questions Given Below SET 1 1. Kraft
Enterprises owns the following assets at December
31, 2012. Cash in banksavings account 67,516 Chec
king account balance 26,445 Cash on
hand 9,478 Postdated checks 753 Cash refund due
from IRS 40,324 Certificates of deposit
(180-day) 94,754 What amount should be reported
as cash? Question 2 Presented below is
information related to Rembrandt Inc.s
inventory. (per unit) Skis Boots Parkas
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ACC 422 NERD Massive Success
ACC 422 Week 1 DQ 1   FOR MORE CLASSES
VISIT www.acc422nerd.com   Consider how an
organization must manage cash, receivables, and
inventory. Which of the three variables is the
most important to manage? Is one more susceptible
to fraud and errors than the others? Explain your
answer. How would a misstatement in each affect
the organization?  
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ACC 422 NERD Massive Success
ACC 422 Week 1 DQ 2   FOR MORE CLASSES
VISIT www.acc422nerd.com   What is the perpetual
method of tracking inventory? How does it differ
from the periodic method of tracking
inventory? Why would a company choose one method
over the other method? Which is the best method?
Why?
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ACC 422 NERD Massive Success
ACC 422 Week 1 DQ 3   FOR MORE CLASSES
VISIT www.acc422nerd.com   What are the different
ways to estimate bad debt? How does this affect
net income? What does Generally Accepted
Accounting Principles (GAAP) require? Why?
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ACC 422 NERD Massive Success
ACC 422 Week 1 Individual Assignment Disclosure
Analysis Paper   FOR MORE CLASSES
VISIT www.acc422nerd.com   Resource Internet   Se
lect a publicly held company to use as the basis
for this assignment.   Research your selected
company and acquire the companys most recent
financial statements using the Internet.   Prepare
 a 700- to 1,050-word paper analyzing the
disclosures contained within the notes to the
financial statements related to cash and cash
equivalents, receivables, and inventories.
Include a list identifying the components of the
organizations cash and cash equivalents.
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ACC 422 NERD Massive Success
ACC 422 Week 1 Summary   FOR MORE CLASSES
VISIT www.acc422nerd.com   Post a 150 words
summary what you have learned this week 
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ACC 422 NERD Massive Success
ACC 422 Week 2 DQ 1   FOR MORE CLASSES
VISIT www.acc422nerd.com   Under what
circumstances would a company need to estimate
its inventory? What are the differences between
using the gross profit method and retail
inventory method for estimating inventory? Which
method of estimation, gross profit or retail
inventory, is best? Explain your answer.
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ACC 422 NERD Massive Success
ACC 422 Week 2 DQ 2   FOR MORE CLASSES
VISIT www.acc422nerd.com     What are the
criteria for capitalization of fixed assets? What
items are included in the cost of a fixed
asset? Should interest be included in the cost of
a fixed asset? Explain why or why not.
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ACC 422 NERD Massive Success
ACC 422 Week 2 DQ 3   FOR MORE CLASSES
VISIT www.acc422nerd.com     How do we account
for the disposition of fixed assets? What are the
differences in how the exchanges of assets are
handled, pending on whether they are similar or
dissimilar? What is the rationale for these
differences? What is the impact to the companies
financial statements?
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ACC 422 NERD Massive Success
ACC 422 Week 2 Individual Assignment E7-2,
E7-8,Q13,E8-5 And E8-14   FOR MORE CLASSES
VISIT www.acc422nerd.com     ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text           
Ch. 7 Exercises E7-2 E7-8 Ch. 8 Question 13
and Exercises E8-5 E8-14
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ACC 422 NERD Massive Success
ACC 422 Week 2 Learning Team Assignment From The
Text P7-10 And E8-25   FOR MORE CLASSES
VISIT www.acc422nerd.com     ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text           
Ch. 7 Problem P7-10
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ACC 422 NERD Massive Success
ACC 422 Week 2 Summary   FOR MORE CLASSES
VISIT www.acc422nerd.com     Post a 150 words
summary what you have learned this week
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ACC 422 NERD Massive Success
ACC 422 Week 3 DQ 1   FOR MORE CLASSES
VISIT www.acc422nerd.com     What is the purpose
of depreciation? Does the book value of a fixed
asset (cost minus accumulated depreciation)
communicate to a user what the asset is worth?
Explain why or why not. Should the financial
statements reflect the value of fixed assets?
Explain why or why not.
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ACC 422 NERD Massive Success
ACC 422 Week 3 DQ 2   FOR MORE CLASSES
VISIT www.acc422nerd.com     What are the
different methods used to calculate
depreciation? How does a company decide which
method it should utilize? How does its choice
affect the financial statements? Should companies
standardize the method of depreciation to enhance
comparability? Explain your answer.
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ACC 422 NERD Massive Success
ACC 422 Week 3 DQ 3   FOR MORE CLASSES
VISIT www.acc422nerd.com     What is an
intangible asset? Should all intangible assets be
subject to amortization? Explain why or why
not. Why are some intangible assets not
amortized? What is the implication to the
financial statements?
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ACC 422 NERD Massive Success
ACC 422 Week 3 Individual Assignment From the
Text E9-1,E9-12,E9-19,E10-5 And E10-12   FOR MORE
CLASSES VISIT www.acc422nerd.com     ResourceInte
rmediate Accounting Prepare written responses to
the following assignments from the
text            Ch. 9 Exorcices E9-1, E9-12,
E9-19            Ch. 10 Exercises E10-5 E10-12
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ACC 422 NERD Massive Success
ACC 422 Week 3 Learning Team Assignment From The
Text P9-9 And P10-8   FOR MORE CLASSES
VISIT www.acc422nerd.com     ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text           
Ch. 9 Problem P9-9           Ch. 10 Problem
P10-8
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ACC 422 NERD Massive Success
ACC 422 Week 3 Summary   FOR MORE CLASSES
VISIT www.acc422nerd.com     Post a 150 words
summary what you have learned this week
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ACC 422 NERD Massive Success
ACC 422 Week 4 DQ 1   FOR MORE CLASSES
VISIT www.acc422nerd.com     What are the
criteria for classifying an item as a current
liability? What are some examples of current
liabilities? Why is it important to classify a
portion of long-term debt on a yearly basis as a
current liability? What is the implication of
misclassifying a liability as current or
long-term?
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ACC 422 NERD Massive Success
ACC 422 Week 4 DQ 2   FOR MORE CLASSES
VISIT www.acc422nerd.com     What is a
contingency? Why are contingencies important to
users of financial statements? What are the
criteria for recording contingencies? Should
companies record a liability for threatened
litigation? Explain why or why not.
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ACC 422 NERD Massive Success
ACC 422 Week 4 DQ 3   FOR MORE CLASSES
VISIT www.acc422nerd.com       What is a bond?
What are some features of a bond? How do you
value bonds? What factors can affect that value?
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ACC 422 NERD Massive Success
ACC 422 Week 4 Individual Assignment From The
Text E11-4,E11-11,E12-6 And E12-16   FOR MORE
CLASSES VISIT www.acc422nerd.com     ResourceInte
rmediate Accounting Prepare written responses to
the following assignments from the
text            Ch. 11 Exercises E11-4
E11-11          Ch. 12 Exercises E12-6
E12-16   Prepare a response to the following
questions What are at least four depreciation
methods that are available to a
company?          What are the similarities and
differences? Why does a company select one method
over another? 
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ACC 422 NERD Massive Success
ACC 422 Week 4 Learning Team Assignment From The
Text E11-18,P11-10 And P12-3   FOR MORE CLASSES
VISIT www.acc422nerd.com     ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text           
Ch. 11 Exercise E11-18 Problem P11-10        
  Ch. 12 Problem P12-3
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ACC 422 NERD Massive Success
ACC 422 Week 5 DQ 1   FOR MORE CLASSES
VISIT www.acc422nerd.com     What are the
differences between a direct-financing and a
sales-type lease for a lessor? Why would a lessor
provide direct-financing to a lessee? What types
of organizations provide direct-financing leases?
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ACC 422 NERD Massive Success
ACC 422 Week 5 DQ 2   FOR MORE CLASSES
VISIT www.acc422nerd.com     What are the
criteria for classifying a lease as operating or
capital? Why is there a difference between the
two? What are the implications of an operating
lease versus a capital lease on an entitys
financial statements?
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ACC 422 NERD Massive Success
ACC 422 Week 5 DQ 3   FOR MORE CLASSES
VISIT www.acc422nerd.com     What is residual
value? What is the implication to the lessee if
the residual value is guaranteed or
unguaranteed? What is the implication to the
lessor?
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ACC 422 NERD Massive Success
ACC 422 Week 5 DQ 4   FOR MORE CLASSES
VISIT www.acc422nerd.com   Week 5 DQ 4 What are
the advantages of operating and capital leases?
What are the disadvantages? Why would a company
pick one over the other?
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ACC 422 NERD Massive Success
ACC 422 Week 5 Individual Assignment From The
Text E13-1,E13-7,E13-11 And E13-13   FOR MORE
CLASSES VISIT www.acc422nerd.com     ResourceInte
rmediate Accounting Prepare written responses to
the following assignments listed at the end of
each chapter   Ch. 13 Exorcices E13-1, E13-7,
E13-11, E13-13 Ch. 21 Question 3
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ACC 422 NERD Massive Success
ACC 422 Week 5 Learning Team Assignment From The
Text P13-4,E14-21 And E21-7   FOR MORE CLASSES
VISIT www.acc422nerd.com     ResourceIntermediate
Accounting Prepare written responses to the
following assignments from the text           
Ch. 13 Problem P13-4          Ch. 14 Exercise
E14-21
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ACC 422 NERD Massive Success
ACC 422 Week 5 Learning Team Problem
Presentation   FOR MORE CLASSES
VISIT www.acc422nerd.com     Collaborate as a
team to provide written responses to a
facilitator-assigned problem. Prepare a 5- to
10-minute oral presentation accompanied by a 7-
to 9-slide Microsoft PowerPoint presentation
illustrating your teams solution to the assigned
problem.   Note. Each week, the facilitator
assigns one Learning Team a problem to present
that the team must complete during the succeeding
Learning Team Meeting. 
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ACC 422 NERD Massive Success _at_ acc422nerd.com